Anthropic’s record-breaking IPO | Myer says goodbye to WFH | Yo-Chi wants plastic gone

Anthropic has filed to list on the US stock exchange… while warning of AI’s “catastrophic risk” to humanity. Myer is ordering staff in Victoria back to the office five days a week… as new laws giving people the right to work from home stall. Yo-Chi is handing out anti-plastic postcards to custome…

NextDC’s share plunge: a pinhole in the AI bubble?

Welcome to What the Flux Unpacked! Where we go deeper into the juiciest business story of the week. Today, we’re unpacking NextDC, the data centre giant whose shares plunged 40% in a single day. We dive into how angry locals, blocked power poles, and a delayed Melbourne project sent investors int…

NAB plans major job cuts | KFC swaps PepsiCo for Coca-Cola | Cadbury’s Rugby World Cup play

NAB bank is slashing 2,500 jobs over the next nine months… cutting its workforce by 6 percent. After many many years working closely together, PepsiCo has been dropped by KFC in the US… and it’s being swapped out for Coca-Cola. Cadbury is launching limited edition Rugby World Cup products and fan…

Lush’s big breakup with Westfield

Welcome to What the Flux Unpacked! Where we go deeper into the juiciest business story of the week. Today, we’re unpacking Lush Cosmetics - the bath bomb maker cutting ties with Australia’s largest shopping landlord.  We delve into why a brand that relies so much on in-person presence... is pulli…

Virgin hikes fares again | Japan’s beer giants under investigation | Domino’s leadership shake-up

Virgin Australia is hiking airfares as fuel prices surge… yet again. Four Japanese beer makers…Asahi, Suntory, Kirin and Sapporo… are being investigated for allegedly taking part in a price-fixing cartel. Domino's Enterprises has fired its Australia-New Zealand CEO after less than a year in the t…

Coles brings in the robots | Adidas takes White Fox to court | SpaceX's $40B chip deal

Coles is reportedly in talks to bring robots into one of its supermarkets… to turning part of the store into a mini warehouse. Adidas is taking Aussie fashion label White Fox to court, claiming its four-stripe trackies are a little too close to the famous three. SpaceX is reportedly lining up a $…

Firmus goes big with IPO | Marley Spoon’s Ozempic turnaround | Barbie's hefty price tag plus a special guest interview with Andrew Canobi

Firmus, the Aussie AI factory builder, has put a near $44 billion price tag on its IPO…which would make it the second-largest IPO in Australian history. Marley Spoon, the meal kit company, has seen a major turnaround in sales after selling new meal kits for people on Ozempic. Mattel, the toy make…

ATO reveals biggest tax avoiders | Getty Images kicked off NYSE | Australia kills credit card surcharges

The ATO has revealed that more than a quarter of Australia's biggest companies paid zero income tax in FY25. Getty Images, the company behind basically every stock photo of people shaking hands in an office, is being kicked off the New York Stock Exchange. The credit card surcharge is officially …

RBA pushes rates to 15-year high | Cochlear hit with shareholder class action | AI-agent Instinct quadruples value in 1 month

The RBA has hiked rates for the fourth time this year, pushing the cash rate to 4.60%, its highest level since 2011. Cochlear, the Aussie hearing implant maker, has been hit with a shareholder class action five months after its share price fell off a cliff. Instinct, the AI assistant that does yo…

Myer’s world of pain | OpenAI's rogue agent hacks Medicare | Qantas and Virgin Australia have a new competitor

Myer is hoping Santa can pull its sleigh out of the red, after it made a near-$300 million loss. An OpenAI agent has hacked into a Medicare data portal… and the government didn't find out for three months. Vietjet has registered its first Aussie-plated plane and now there’s rumours that Qantas an…